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FX.co ★ Trader’s calendar on December 16: China faces challenges, dollar reaps benefits

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Forex TV:::2024-12-15T14:27:27

Trader’s calendar on December 16: China faces challenges, dollar reaps benefits

Most major economies are expected to report growth in economic activity this December, with all three key indices showing positive results. In addition, Monday could be dubbed China Day on the economic calendar with a full slate of reports.

Interestingly, US President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration in Washington. Could this signal a reversal or softening of Trump's previous harsh rhetoric toward Beijing?

Only time will tell, especially with more than a month to go before the inauguration. But for now, let's focus on the present—specifically Monday, December 16th. Let's explore what market moves the upcoming economic reports might trigger.

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